India's Tata Consultancy Services Q4 net profit up 4.6 pct
India's largest software exporter Tata Consultancy Services Monday said net profit rose 4.61 percent in the fourth quarter, hit by lower fees and cuts in technology spending due to the global economic...
View ArticleIndia's Infosys Q2 profit up near 10%, shares jump
Indian software giant Infosys on Wednesday said quarterly profit rose by nearly 10 percent, powering its shares upwards as investors ignored a warning about an uncertain global market.
View ArticleIndia's TCS announces 14.7% Q2 profit jump
India's biggest software exporter, TCS, said Monday its quarterly net profit rose 14.7 percent, marginally below estimates, as concerns over global uncertainty offset improved outsourcing demand.
View ArticleIndia's HCL profit soars 50 pct but shares dive
India's fourth-biggest software services firm HCL said Tuesday quarterly net profit leapt 50 percent but its shares slid on fears about the global downturn crimping the sector's future growth.
View ArticleIndia's TCS slides near 8% as earnings disappoint
Shares in India's biggest software exporter TCS plunged nearly eight percent on Tuesday, a day after the firm posted earnings figures that fell short of market expectations.
View ArticleIndia's Wipro quarterly profits, revenue outlook up
Wipro, India's third-largest software exporter, reported Friday a 10.3 percent rise in quarterly profit but said the global outlook remained uncertain for the nation's flagship outsourcing sector.
View ArticleIndia's Tech Mahindra announces Satyam merger
India's Tech Mahindra announced its long-awaited buyout of IT outsourcer Satyam Computer on Wednesday, creating a new force in the sector with annual revenue of $2.26 billion.
View ArticleIndia's Infosys profit up 27% but shares tumble
Indian software exporter Infosys on Friday said its quarterly profit rose 27 percent, but disappointed the markets with a lower-than-expected growth forecast that saw its shares plunge.
View ArticleIndia's Infosys cuts revenue outlook, shares tumble
Shares in Indian software giant Infosys fell more than eight percent on Thursday after the company announced a surprise cut its full-year revenue outlook and reported a lower-than-expected profit.
View ArticleIndia's TCS says profit jumps 44%, beats estimates
India's biggest software exporter TCS said Friday its quarterly net profit jumped 44 percent, beating estimates, as outsourcing orders rose despite economic troubles in the firm's major markets.
View ArticleIndian outsourcing industry hits out at US visa bill
India's outsourcing giants have slammed a United States bill that could double the cost of a work visa in a move seen as targeting high-profile Indian software exporters.
View ArticleNintendo's loss swells to $925 mn for first half
Nintendo said Thursday its net loss swelled to 70.3 billion yen ($925 million) for the six months to September as it forecast a full-year loss, citing the strong yen and a lack of hit game titles.
View ArticleUTC exported software used in Chinese helicopter
(AP) A division of United Technologies Corp. pleaded guilty on Thursday to crimes related to the illegal export of software that U.S. officials say was used by China to develop the country's first...
View ArticleNintendo chief rules out price cuts for Wii U
Nintendo's president Thursday ruled out price cuts for its new Wii U home console as a way to boost sales, vowing to become profitable again in its core businesses as smartphones and tablets...
View ArticleUS fails to renegotiate arms control rule for hacking tools
The Obama administration has failed to renegotiate portions of an international arms control arrangement to make it easier to export tools related to hacking and surveillance software—technologies that...
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